Compare Today’s Mortgage Rates in Rapid City, South Dakota 57703
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Rapid City, South Dakota 57703.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Rapid City, South Dakota 57703. For a 30-year fixed loan, our calculations show that you can expect to save up to $6,504 over the lifetime of your mortgage, which translates to a monthly savings of $18 in Rapid City and other areas of Pennington county.
Summary of Average Mortgages in Rapid City, South Dakota 57703
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Interactive Mortgage Rate Projections for Rapid City, South Dakota 57703
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Rapid City, SD 57703. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Rapid City, South Dakota 57703 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Rapid City, South Dakota and around Pennington county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 92.00% | 82.30% | 86.79% | 84.29% | 76.09% | 82.76% | 70.73% | 90.63% | 82.61% |
avg mortgage rate | 6.49% | 4.69% | 2.88% | 3.09% | 4.29% | 4.65% | 4.13% | 3.86% | 4.04% |
% 15 year fixed mortgage | 4.00% | 14.16% | 8.49% | 11.43% | 15.22% | 13.79% | 24.39% | 3.13% | 10.87% |
avg mortgage rate | 6.38% | 3.69% | 2.22% | 2.81% | 3.71% | 4.12% | 3.45% | 2.75% | 3.40% |
Avg credit score | 741.80 | 754.50 | 752.32 | 890.81 | 753.22 | 742.50 | 755.29 | 744.47 | 753.50 |
Avg LTV (loan to value) | 83.48% | 83.54% | 84.39% | 85.56% | 80.63% | 81.72% | 81.17% | 85.03% | 81.22% |
Avg DTI (debt to income) | 37.88 | 33.64 | 33.76 | 31.19 | 34.59 | 33.97 | 32.12 | 31.47 | 31.00 |
% First time homebuyer | 24.00% | 37.17% | 32.08% | 45.71% | 19.57% | 25.86% | 21.95% | 25.00% | 23.91% |
Avg mortgage insurance % | 15.96% | 14.52% | 14.37% | 15.80% | 10.28% | 13.84% | 10.34% | 17.16% | 8.41% |
Best Mortgage Brokers around Rapid City, South Dakota 57703
For those searching for a new home in Rapid City, we have compiled a list of the top mortgage brokers located in and around Rapid City, South Dakota 57703 to assist you with your search.
Express Mortgage
1644 Concourse Dr
Rapid City SD 57703
(605) 388-6190
http://www.expressmortgagebroker.com/
Cu Mortgage Direct
2116 Jackson Blvd
Rapid City SD 57703
(605) 791-3500
http://www.cumortgagedirect.com
American General Financial Svc
1727 W Main St
Rapid City SD 57703
(605) 342-4400
http://www.loansfast.com
Deitz, Brian-Springleaf Financial Service
1727 W Main St
Rapid City SD 57703
(605) 342-4400
Allied Home Mortgage Capital
2650 Jackson Blvd
Rapid City SD 57703
(605) 718-8991
info@alliedconstruction.com
Address
1644 Concourse Dr
Rapid City SD
Contact
(605) 388-6190
http://www.expressmortgagebroker.com/
Address
2116 Jackson Blvd
Rapid City SD
Contact
(605) 791-3500
http://www.cumortgagedirect.com
Address
1727 W Main St
Rapid City SD
Contact
(605) 342-4400
http://www.loansfast.com